BLME Holdings plc (DIFX:BLME) agreed to acquire Renaissance Asset Finance Limited on February 29, 2016. As part of this acquisition Renaissance will remain a separate legal entity, owned by BLME. Hugh Sigrist, Founder of Renaissance, is to remain as Managing Director of Renaissance, with current Directors: Vikki Fisher and Mark Lester, and David Pusinelli as Non Executive Directors. Several BLME employees will join the Renaissance Board including Michael Williams BLMEs Chief Executive Officer, Chris Power Chief Financial Officer designate BLME, Jervis Rhodes Head of corporate banking and Fred Yue, Head of leasing. The acquisition would be finalized on April 4, 2016.
BLME Holdings plc (DIFX:BLME) cancelled the acquisition of Renaissance Asset Finance Limited on December 20, 2016.